# data[].attributes.body
Supply remains the same

Demand today increases (Expectation of consumers due to ban on Indian Basmati

Price of market equilibrium increases

Quantity of market equilibrium decreases

Price Inelastic (Necessity)

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Business News Today: Read Latest Business news, India Business News Live, Share Market & Economy News | The Economic Times

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Business news today: Read India Business news Live. Latest Business news and updates on Finance, share market, IPO, economy. Discover Business News Headlines, Top Financial News and more on The Economic Times.

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demand remains the same

supply decrease
(price of related goods,
availability of substitute)

Price of market equilibrium increase
Quantity of market equilibrium decrease

Shortage

Price inelastic on demand (necessity, very few available substitutes)

Price inelastic on income
(necessity)

Market Structure: Perfect Competition.

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Demand decrease (taste and preferences)

Demand curve shifts left

Market equilibrium decreases

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Brown rice paradise: More places offering healthier option

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Brown is the new white when it comes to the Asian staple, rice. The nutty grain is moving out of the realm of health food and vegetarian eateries, showing up in hawker centres, hotels and restaurants. Read more at straitstimes.com.

# data[].attributes.body
Supply decrease

demand decrease( price increase)

Price of market equilibrium increase,
Quantity of market equilibrium decrease

# data[].attributes.body
supply remains the same

demand decreases (taste and preferences)

demand curve shifts left

market equilibrium moves down

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White rice is very much in the news these days, after a report on how eating this beloved staple on a regular basis raises the risk of diabetes. Read more at straitstimes.com.